Elaine, Double Bay - Australia's most expensive property from above

Elaine, the two acre property situated at the shores of Sydney Harbour at Double Bay, was marketed with a video by Golden Eye Media.

The property had been home for 120 years to the Fairfaxes, one of the world’s greatest media dynasties, it noted.

It noted the view was so rare that it was considered one of the great private holdings of the world - and the largest that will ever be offered for sale.

“There’s no doubt in my mind this maybe the shortly the last of such properties, of such scale and quality to survive in private hands,” according to Howard Tanner, historical architect and Fairfax confidant told the camera.

Built in the 1860s, a time when Sydney’s upper class family was staking a claim to the land, it is set over six titles offering scope for change should it be desired.

The property sold recently for $71 million to tech entrepreneur Scott Farquhar.